Replies to post #61273 on VirExit Technologies Inc (VXIT)

[m$teamworkotc]

THIS WILL BE HARD TO DEFEND WITH 117 DOLLARS IN BANK
During April 2021 the Company received a Plaintiff’s Petition naming former officers of the Company as well as the Company in connection
with funds the Plaintiff had invested with Power it Perfect. The Company currently has a related party note payable in the amount of
$1,114,207 owed to Power it Perfect. The claim against the Company is that the Company benefitted from fraudulent actions by previous
officers of the Company. The Company is accused of conspiracy and of holding $400,000 that allegedly belongs to the plaintiff. This litigation
matter is in its early stage, and more discovery will have to be conducted; but at this stage the claims against The Company appear to be weak.
The primary claims are against the other defendants. We plan to vigorously contest the lawsuit, and we believe any alleged damages can be
significantly reduced or eliminated altogether